Textiles group rise, synthetic yarn & hessian prices up
19 Aug '06
2 min read
The Wholesale Price Index (WPI) for 'All Commodities' for the week ended 5th August 2006 rose by 0.1 percent to 204.3 (Provisional) from 204.1 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 4.82 percent (Provisional) for the week ended 05/08/2006 (over 06/08/2005) as compared to 4.61 percent (Provisional) for the previous week and 3.78 percent during the corresponding week of the previous year.
The movement of the index for the various commodity groups is summarized below:-
Primary Articles (Weight 22.02 percent) The index for this major group declined by 0.3 percent to 202.5 (Provisional) from 203.1 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Non-Food Articles' group declined by 0.1 percent to 183.8 (Provisional) from 184.0 (Provisional) for the previous week due to lower prices of raw jute (2 percent) and cotton seed and groundnut seed (1 percent each).
Manufactured Products (Weight 63.75 Percent) The index for this major group rose by 0.2 percent to 177.2 (Provisional) from 176.9 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Textiles ' group rose by 0.2 percent to 130.6 (Provisional) from 130.4 (Provisional) for the previous week due to higher prices of synthetic yarn (2 percent) and hessian & sacking bags (1 percent). However, the prices of hessian cloth (1 percent) declined.
The index for 'Chemicals & Chemical Products' group rose by 0.1 percent to 195.5 (Provisional) from 195.4 (Provisional) for the previous week due to higher prices of printing ink (7 percent) and polystyene (1 percent).
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